scholarly journals Analyzing IKEA’s International Investment in China Based on the Theory of International Production Compromise

2021 ◽  
Vol 4 (5) ◽  
pp. 135-143
Author(s):  
Pingxia Song ◽  
Rui Liu ◽  
Jun Li

This study analyzes IKEA’s localized operation in China through the eclectic theory of international production. Firstly, the development history of IKEA is discussed along with its development in China. Secondly, IKEA’s direct investment in China is analyzed from the perspective of IKEA’s eclectic theory of direct investment in international production, the corporate ownership, internalization, and location advantages of the company, in addition to the challenges of IKEA’s investment and operation in China, hoping to enlighten the process of formulating overseas expansion strategies for foreign direct investment. This study aims to guide students to strengthen their skills in formulating and implementing strategies in regard to the international investment process of multinational companies. On the one hand, they can analyze the strategies used and challenges faced by IKEA in its international investment in China to stimulate their thinking on the international investment of Chinese enterprises; on the other hand, they can also strengthen their understanding of the international investment theory by analyzing IKEA’s international investment in China. This study hopes to enhance students’ understanding and application skills in regard to companies’ transnational operations.

2021 ◽  
Vol 257 ◽  
pp. 02067
Author(s):  
Xia Qu ◽  
Ran Li

In recent years, while the direct investment of Chinese enterprises has made rapid progress in foreign direct investment, it has also shown a trend of “blindness” and “irrationality”, which has brought huge overseas investment risks. The reason is largely due to foreign investment enterprises ignore the host country’s legal system. This paper uses 82 foreign direct investment data of Chinese listed companies in 30 countries (regions) from 2010 to 2019 as a research sample to analyze the impact of the host country’s legal system on the performance of Chinese companies’ foreign direct investment. The results show that the performance of Chinese enterprises’ investment in the country has gradually improved with the improvement of the economic development level of the host country, the soundness of the legal system of the host country has been continuously improved. The restraining effect of the soundness of the host country’s legal system on investment performance is more obvious in state-owned enterprises and investments involving sensitive industries or key areas. In addition, the performance of investment enterprises will gradually improve with the increase in the density of labor unions and the international investment experience of enterprises.


2020 ◽  
Vol 4 (4) ◽  
pp. 288-298
Author(s):  
Elena Sizykh

Over the past 8 years China has been steadily holding the position in the top three global leaders of outward foreign direct investments (OFDI). Implementing the “Go Out” policy the Chinese government achieves the complex objectives of development of the national socio-economic system that is especially important in the process of its current transformation. As a major player in the capital market, China enters into complex relationships with global capital market megatrends, being influenced by them on the one hand and taking part in their formation on the other. This paper reveals the main long-term global trends in the movement of foreign direct investment such as stagnation of global investment, deglobalization and regionalization of world capital markets, restructuring of international production and global value chains and also increased investment in sustainable development goals. The study assesses the extent to which local trends of outward direct investment in the PRC are influenced by these global processes. The paper also analyzes the response of the PRC government to modern challenges provoked by the global pandemic and concludes that OFDI trends in modern conditions are sustainable. In conclusion, the forecast for the direct investment movement in the world and China in a post-COVID world is given.


2019 ◽  
Vol 21 (3(72)) ◽  
pp. 26-36
Author(s):  
N. VLADYMYRSKA

Topicality. In the conditions of the economic crisis, in which the economy of Ukraine has been in recent years, the search for reasons that do not allow developing the economy properly and the intensification of areas for attracting investments, including foreign ones, is one of the priority issues. The article aims to explore the level of the investment climate in Ukraine, as well as to analyze the level of attracting foreign investment in the economy of Ukraine. Aim and tasks. Investment attractiveness is largely shaped by the investment climate; therefore, we analyze the investment climate as a combination of legal, financial, political, and socio-cultural factors that predetermine the expediency of investing in the country. Estimated index of investment attractiveness of the country for 2009-2018 and the place of Ukraine in the rating of investment attractiveness of the countries of the world. The article analyzes the volume of foreign direct investment in Ukraine, the structure of investment in the sectoral context and by investor countries of foreign direct investment over the ten-year period from 2010 to 2019. Research results. Based on the study, it was found that the most attractive for foreign investors in the industry, during the analyzed period, remain the industry, especially processing, financial and insurance activities, wholesale and retail trade, real estate operations, scientific and technical activities, information and telecommunications. It is determined that the main investor countries that invest more than 80% of foreign direct investment are twelve of the one hundred and thirty investment countries. The top five investor countries are Cyprus, the Netherlands, Germany, the United Kingdom and the Russian Federation, these countries form more than 60% of all international investments in the economy of Ukraine. The study revealed that almost a third of the international investment in the Ukrainian economy is Ukrainian capital, previously withdrawn from the country in offshore jurisdictions - round - tripping. These countries, apart from Cyprus, include Switzerland and the British Islands Verginsky. Conclusion. The necessity of further formation of modern approaches to the creation of a favorable investment environment in the Ukrainian economy, based on the experience of countries such as Estonia in the taxation of withdrawn capital and world experience, is substantiated. Ukraine should also continue to cooperate with international institutions such as the OECD and develop areas of cooperation with investors under the MLI Convention, which will help reduce the movement of Ukrainian capital to low-tax countries and, accordingly, will affect the increase in investment in the Ukrainian economy.


Author(s):  
Shijuan Cui ◽  
Meijie Li ◽  
Lingyu Li

In recent years, Chinese enterprises have been developing rapidly with the encouragement of the “Belt and Road” initiative, setting off a new wave of direct investments in foreign. On the stage of global trade competition, one of the biggest differences in companies between Chinese and Western lies in the forms of enterprise ownership. Does enterprise ownership have an impact on the performance of direct investment in foreign? This study takes the inter-provincial panel data of 571 listed companies in China from 2014 to 2017 as a sample. Based on the practices and characteristics of Chinese enterprises’ direct investment in foreign, we use a institutional logic perspective to explore the impact of enterprise ownership on performance of the investment. The study found that non-state-owned enterprises perform better in the investment; state-owned enterprises have more resource-seeking Chinese enterprises’ foreign direct investment (OFDI), while non-state-owned enterprises tend to choose market-seeking OFDI; market-seeking OFDI has better performance than resource-seeking and technology OFDI performs better. The research proves that the corporate ownership has an impact on the performance of the investment. The conclusions of this paper are helpful to adjust national policies as well as provide a reference for Chinese enterprises in decision marking from institutional perspective.


Author(s):  
Jesse Schotter

The first chapter of Hieroglyphic Modernisms exposes the complex history of Western misconceptions of Egyptian writing from antiquity to the present. Hieroglyphs bridge the gap between modern technologies and the ancient past, looking forward to the rise of new media and backward to the dispersal of languages in the mythical moment of the Tower of Babel. The contradictory ways in which hieroglyphs were interpreted in the West come to shape the differing ways that modernist writers and filmmakers understood the relationship between writing, film, and other new media. On the one hand, poets like Ezra Pound and film theorists like Vachel Lindsay and Sergei Eisenstein use the visual languages of China and of Egypt as a more primal or direct alternative to written words. But Freud, Proust, and the later Eisenstein conversely emphasize the phonetic qualities of Egyptian writing, its similarity to alphabetical scripts. The chapter concludes by arguing that even avant-garde invocations of hieroglyphics depend on narrative form through an examination of Hollis Frampton’s experimental film Zorns Lemma.


Author(s):  
Colby Dickinson

In his somewhat controversial book Remnants of Auschwitz, Agamben makes brief reference to Theodor Adorno’s apparently contradictory remarks on perceptions of death post-Auschwitz, positions that Adorno had taken concerning Nazi genocidal actions that had seemed also to reflect something horribly errant in the history of thought itself. There was within such murderous acts, he had claimed, a particular degradation of death itself, a perpetration of our humanity bound in some way to affect our perception of reason itself. The contradictions regarding Auschwitz that Agamben senses to be latent within Adorno’s remarks involve the intuition ‘on the one hand, of having realized the unconditional triumph of death against life; on the other, of having degraded and debased death. Neither of these charges – perhaps like every charge, which is always a genuinely legal gesture – succeed in exhausting Auschwitz’s offense, in defining its case in point’ (RA 81). And this is the stance that Agamben wishes to hammer home quite emphatically vis-à-vis Adorno’s limitations, ones that, I would only add, seem to linger within Agamben’s own formulations in ways that he has still not come to reckon with entirely: ‘This oscillation’, he affirms, ‘betrays reason’s incapacity to identify the specific crime of Auschwitz with certainty’ (RA 81).


2018 ◽  
Vol 13 (2) ◽  
pp. 187-211
Author(s):  
Patricia E. Chu

The Paris avant-garde milieu from which both Cirque Calder/Calder's Circus and Painlevé’s early films emerged was a cultural intersection of art and the twentieth-century life sciences. In turning to the style of current scientific journals, the Paris surrealists can be understood as engaging the (life) sciences not simply as a provider of normative categories of materiality to be dismissed, but as a companion in apprehending the “reality” of a world beneath the surface just as real as the one visible to the naked eye. I will focus in this essay on two modernist practices in new media in the context of the history of the life sciences: Jean Painlevé’s (1902–1989) science films and Alexander Calder's (1898–1976) work in three-dimensional moving art and performance—the Circus. In analyzing Painlevé’s work, I discuss it as exemplary of a moment when life sciences and avant-garde technical methods and philosophies created each other rather than being classified as separate categories of epistemological work. In moving from Painlevé’s films to Alexander Calder's Circus, Painlevé’s cinematography remains at the forefront; I use his film of one of Calder's performances of the Circus, a collaboration the men had taken two decades to complete. Painlevé’s depiction allows us to see the elements of Calder's work that mark it as akin to Painlevé’s own interest in a modern experimental organicism as central to the so-called machine-age. Calder's work can be understood as similarly developing an avant-garde practice along the line between the bestiary of the natural historian and the bestiary of the modern life scientist.


2016 ◽  
Vol 13 (2) ◽  
pp. 86-99
Author(s):  
Vimbai Moreblessing Matiza

Dramatic and theatrical performances have a long history of being used as tools to enhance development in children and youth. In pre-colonial times there were some forms of drama and theatre used by different communities in the socialisation of children. It is in the same vein that this article, through the Intwasa koBulawayo performances, seeks to evaluate how drama and theatre are used to nurture children and youth into different developmental facets of their lives. The only difference which this article will take into cognisance is that the performances are done in a different environment, which is not the one used in the pre-colonial times. Although these performances were like this, the most important factor is the idea that children and youth are socialised through these performances. It is also against this backdrop that children and youth are growing up in a globalised environment, hence the performances should accommodate people from all walks of life and teach them relevant issues pertaining to life as they live it now. Thus the main task of the article is to spell out the role of drama and theatre in the nurturing of children and youth through socio economic and political development in Intwasa koBulawayo festivals.


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